SEBI allows Multi Commodity Exchange of India (MCX) to launch gold options

The Securities and Exchange Board of India (SEBI) , the capital and commodity market regulator, has recently allowed Multi Commodity Exchange of India Ltd (MCX) to launch India’s first gold options contract soon. It will allow investors and hedgers to ..

T.K. Viswanathan committee constituted by SEBI on fair market conduct

The Securities and Exchange Board of India (SEBI) has recently constituted a committee on fair market conduct, which will be headed by former Lok Sabha secretary and law secretary T K Viswanathan. The panel will have representations from SEBI, mutual ..

FIIs pull out $2 billion hot money from India in 2016

India is headed towards losing its safe haven status among foreign portfolio investors after a nearly USD 2-billion pullout of so-called ‘hot money’ 2016. This has made it the last period in the last 8 years in case of foreign ..

Central Bank auctions Treasury Bills under MSS

Reserve Bank of India today auctioned 35-days Treasury Bills worth Rs. 60,000 Crores under the aegis of Market Stabilization Scheme as a step to clean the extra liquidity from the system. The bids were submitted via an electronic format on ..

Differential Voting Rights (DVR) Shares

A DVR share is like an ordinary equity share, but it provides fewer voting rights to the shareholder. The objective of issuing DVR shares is for prevention of a hostile takeover and dilution of voting rights. It also helps strategic ..

SEBI allows online subscription of bonds

SEBI gave its nod for online subscription of bonds.  Objective: To cut the timeline for completion of the process. In order to provide a mechanism to decrease the timelines of the issue process for public issue of debt securities, SEBI ..

Month: Current Affairs - July, 2012